Goldmining Stock Price on February 27, 2024
| GLDG Stock | USD 0.86 0.03 3.37% |
Below is the normalized historical share price chart for GoldMining extending back to July 29, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of GoldMining stands at 0.86, as last reported on the 26th of November, with the highest price reaching 0.88 and the lowest price hitting 0.85 during the day.
If you're considering investing in GoldMining Stock, it is important to understand the factors that can impact its price. At this point, GoldMining is risky. GoldMining holds Efficiency (Sharpe) Ratio of 0.027, which attests that the entity had a 0.027% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for GoldMining, which you can use to evaluate the volatility of the firm. Please check out GoldMining's Risk Adjusted Performance of 0.0107, market risk adjusted performance of (0.0006), and Downside Deviation of 2.18 to validate if the risk estimate we provide is consistent with the expected return of 0.0681%.
At this time, GoldMining's Stock Based Compensation is most likely to increase significantly in the upcoming years. The GoldMining's current Issuance Of Capital Stock is estimated to increase to about 56 M, while Other Stockholder Equity is forecasted to increase to (37.4 M). . At this time, GoldMining's Price Fair Value is most likely to slightly decrease in the upcoming years. GoldMining Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of July 2011 | 200 Day MA 0.8841 | 50 Day MA 0.953 | Beta 1.375 |
GoldMining |
Sharpe Ratio = 0.027
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| Cash | Small Risk | GLDG | High Risk | Huge Risk |
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Estimated Market Risk
| 2.52 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average GoldMining is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GoldMining by adding it to a well-diversified portfolio.
Price Book 1.9837 | Book Value 0.601 | Enterprise Value 155.4 M | Enterprise Value Ebitda (6.44) | Shares Float 182 M |
GoldMining Valuation on February 27, 2024
It is possible to determine the worth of GoldMining on a given historical date. On February 27, 2024 GoldMining was worth 0.8 at the beginning of the trading date compared to the closed value of 0.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GoldMining stock. Still, in general, we apply an absolute valuation method to find GoldMining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of GoldMining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GoldMining's related companies.
| Open | High | Low | Close | Volume | |
| 0.77 | 0.80 | 0.77 | 0.80 | 270,605 | |
02/27/2024 | 0.80 | 0.80 | 0.77 | 0.79 | 272,404 |
| 0.78 | 0.80 | 0.77 | 0.79 | 204,083 |
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GoldMining Trading Date Momentum on February 27, 2024
| On February 28 2024 GoldMining was traded for 0.79 at the closing time. The top price for the day was 0.80 and the lowest listed price was 0.77 . The trading volume for the day was 204.1 K. The trading history from February 28, 2024 did not cause price change. The overall trading delta against the current closing price is 7.59% . |
GoldMining Fundamentals Correlations and Trends
By evaluating GoldMining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among GoldMining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GoldMining financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GoldMining Stock history
GoldMining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for GoldMining is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GoldMining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing GoldMining stock prices may prove useful in developing a viable investing in GoldMining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 197.7 M | 111.7 M | |
| Net Loss | -15.2 M | -14.4 M |
GoldMining Stock Technical Analysis
GoldMining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
GoldMining Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
GoldMining cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
GoldMining November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how GoldMining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GoldMining shares will generate the highest return on investment. By undertsting and applying GoldMining stock market strength indicators, traders can identify GoldMining entry and exit signals to maximize returns
GoldMining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GoldMining's price direction in advance. Along with the technical and fundamental analysis of GoldMining Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GoldMining to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0107 | |||
| Jensen Alpha | 0.0282 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.01) |
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Complementary Tools for GoldMining Stock analysis
When running GoldMining's price analysis, check to measure GoldMining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GoldMining is operating at the current time. Most of GoldMining's value examination focuses on studying past and present price action to predict the probability of GoldMining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoldMining's price. Additionally, you may evaluate how the addition of GoldMining to your portfolios can decrease your overall portfolio volatility.
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